Affiliate

Romanian affiliate advertising and marketing company 2Performant gets Profitshare, partners with eMAG manager

.2Performant, a Romanian modern technology and also affiliate advertising and marketing remedies business, announced on Monday, September 9, at the Bucharest Stock Exchange, that it means to get the Profitshare associate networks in Romania as well as Bulgaria from Transformation Marketing. Together, Dante International, the owner of eMAG, are going to become an investor in 2Performant.On September 6, 2Performant's Board of Directors concluded a preparatory agreement to obtain the Profitshare.ro and also Profitshare.bg associate systems owned by Conversion Advertising S.R.L. and also Conversion Advertising EOOD. The contract summarizes the concepts of the deal and also is actually not officially binding, according to the company push mentioned by Economedia.The operation involves the transfer of the Profitshare service lines coming from Transformation Advertising S.R.L. and also Transformation Advertising EOOD (as vendors) to 2Performant (as the shopper). Dante International S.A. (bulk shareholder of Conversion Advertising and marketing S.R.L.) will become part of your business transfer agreement as a surety." Once the Profitshare purchase is actually finished, we will expand our present ability as well as diversify our client portfolio in both Romania and also Bulgaria. Our company still have a couple of essential steps to finish, however I am self-assured that the teams involved in the transaction on both edges are going to manage to finish all of them successfully. We are going to declare our post-acquisition programs after wrapping up the purchase according to the last deal," claimed Dorin Boerescu, Chief Executive Officer as well as Founder of 2Performant System.The transaction rate is RON 4.3 thousand, as well as will definitely be actually spent 55% in money and also 45% in 2Performant portions via a financing rise.." 2Performant is actually a young as well as compelling company along with worths that reverberate with us. Our company assume that, after the purchase is actually completed, the Profitshare organization blended with 2Performant will certainly provide more significant value to its own customers," said Tudor Manea, General Supervisor of Dante International SA.2Performant additionally notes that many steps continue to be to complete and also complete the purchase, including the prosperous completion of the as a result of persistance evaluation through 2Performant.Profitshare was actually introduced in 2012 and presently possesses a collection of 250 partner systems (including the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photo resource: the company).